No, I don't favor replacement of the electoral college.
It forces candidates to appeal across a broader spectrum geographically and among interest groups than would be the case with a nationwide popular vote.
Realistically, the only time the popular vote winner won't also win the electoral vote is in a very tight election, essentially a tie. In this case, the electoral college is meant to favor the candidate with broader geographical appeal, and it worked that way in 2000.
The electoral college does give more power in general to small rural states, but the idea of states as co-equal individual units, regardless of size, is enshrined in the constitution through the concept of the Senate as well as the requirement that 3/4 of individual states ratify constitutional amendments, a requirement that does not take into account the population of the states that have or have not ratified an amendment.
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